Is it possible to own a condo as a first jobber?
3 Steps to turn your dream into a reachable goal
As a new graduate starting work, you want to be independent and choose your own lifestyle. Now that you are earning your own income from full-time work, you could use some tips on how to save money, how can you use technology to help with financial management, accumulate assets and save money for the future.
When you get your paycheck, you should not spend more than you can afford but follow a monthly financial plan.
It’s great to have your own money but don’t forget to regularly check on your financial health. The first thing to check on is if you have made savings. After this, you should plan to invest and make them grow.
To build your wealth, you should make investments, allocating your money between stocks, funds, endowment life insurance, or bonds. Over time your money will grow through interest, dividends and capital appreciation. Since some investments qualify for tax deductions, if you plan well you can get some tax back.
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